Fossil Group, Inc. (FOSL) announced, for fiscal 2017, the company now expects: net sales to decline in the range of a 8.5% to 4.5%; and loss per share in a range of $7.42 to $6.62, including $6.50 of non-cash intangible asset impairment charges and $0.60 of restructuring charges. In May, the company projected its net sales to decline in the range of a 6.0% to 1.5%.
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